SPEAKER_00: All right, everybody. There's only one topic we can talk about Molly.

Jason Calacanis: Pretty much. I mean, we're gonna meander through some of the

SPEAKER_00: news over the weekend. But Sunday night, Disney axes CEO Bob

SPEAKER_02: J. Beck just like that. Boom, crazy. And they're bringing back Bobby Iger. It's

SPEAKER_05: great. Why did they fire J. Beck? I think we know the reasons we're going to detail those lawn Harris is here for an emergency

SPEAKER_04: pod. Let's talk about EQ IQ parks, scar, job management. Yeah, business, all this stuff. It's like Iger's back, but he's wearing the four or five like Jordan. This is going to be his second time I have a prediction. I got a hot take. I'll Bill Simmons style about what Bob Iger is going to do this time around. I think it's gonna do another three Pete. It's gonna be

SPEAKER_10: a great show. Stick with us. This week in startups is brought to you by open phone. As a startup founder, a lot of mistakes are easy to roll back. But using your personal cell phone number as your company number isn't one of them. Open phone makes it easy to get business phone numbers for you and your team, right on top of your existing devices. Visit open phone dot com slash twist to get 20% off your first six months. Crowd botics. Great ideas can change the world. And crowd botics is the fastest way to turn those ideas into code. Get a free scoping session for your next big app idea at crowd botics dot com slash twist. And super gut is the easiest and tastiest way clinically proven to regulate digestion, curb cravings and boost energy. Get 30% off their delicious shakes, bars and fiber mix at super gut dot com with code twist.

SPEAKER_12: Hey, Molly, how are you doing? I'm not crying. I'm not

SPEAKER_14: crying. It's okay. It's gonna be alright. It's gonna be alright. Well, it's tears of joy. I'm not 100% sure that's true, but I'm pretty sure. It's tears of joy. For two reasons. One, my

SPEAKER_16: viewity, my little eye drops that I take. Yeah, they make my eyes a little red. So I gotta take them long before we go on air. Because as you can see, my eyes get a little bloodshot for the first five minutes of taking these, it feels like you put a little pepper in your eyes. I'll be I'm being honest. That's fun. Doesn't sound that fun to me. But then and I'm not making this a commercial for viewity v u i t y modern medicine. I asked her doctor about beauty. However, however, when I use beauty, my eyesight gets better from an eye drop. It's very strange. It's pretty amazing. And I will say that I

Jason Calacanis: forgot to bring any cute readers upstairs today. So I'm

SPEAKER_00: rocking the goos and nothing makes me wish that I had beauty more than the Magoos. Oh, that's your big thick glasses. Yeah, like Mr. Magoo in these things. It's a look. It's a look. They're my, they're my backup. I mean, it is kind of a look. I look and it's a new outfit today. If I may CEO of what's her but CEO of Alameda research. I just want to say

SPEAKER_26: it's a new outfit today. You look great. It's very odd to me.

SPEAKER_28: It's very odd to me. Thanksgiving week. We're on air talent. We're allowed to comment on each other's visual appearance. We're allowed to. She's allowed to point out that I

SPEAKER_16: look like I'm crying and wearing a stunning blue tee. And I look stunning. I got a little salt in the hair. Trying to get a little lift in the hair. But I like the gold. Yeah, the salt thing is a gem. Thank you, producer Nick. But I like the

SPEAKER_31: gold necklace and I like the Magoos. I think it's all, it's a good look. You got a good autumn look. It's on trend. Thank

SPEAKER_34: you. I appreciate it. That's right.

SPEAKER_36: All right. Please stop. Don't say it. Don't say it. RIP my

SPEAKER_38: mentions. Oh yeah. Yeah. It's a long weekend. Okay. Let's

SPEAKER_39: I know totally. Let's just not even ask about that. There's so

SPEAKER_40: many emergency pods we could do today. There really are. Let's

SPEAKER_42: do a different one. We are so excited to have huge breaking news yesterday that was not about any of the things that you think it's about. Not Trump. Not Trump. Not the T word. Not FTX. Even this isn't even crypto related. This is straight up good old fashioned Disney. And we need a little Disney in

SPEAKER_28: our lives. After Trump. After FTX. Luna. Terra Luna. Theranos. How about a little chaser? Oh yeah. God. A little chaser. We didn't even talk about 11 years for Elizabeth Holmes. I said five to 10 years is what she would get. Somebody got to

SPEAKER_50: pull the tape. But she got 11. I was kind of shocked by that. I'm not going to lie. I think appropriate. People were mad at that lady.

SPEAKER_52: Yeah. I mean committing fraud at that scale like Enron or

SPEAKER_05: Madoff. Those were multi-decade sentences. I believe Jeff Skilling from Enron was 21 and I think Madoff was even more. So I think we are shocked because we don't consider white collar crime. You know like as big of a crime as stabbing

SPEAKER_56: somebody or you know murdering somebody right? I think yes. I will say I am shocked because normally we don't punish white collar crime. Right? Like you look at the 2008 clamps and

Jason Calacanis: nobody went to jail and the Sacklers are still out here like with their own personal fortune intact after what is effectively like genocide. Like we don't you know I mean Madoff yes got 150 years in prison but that was multi multi billions of dollars. And so to me I was like people never get held accountable. And relative to that Theranos was actually kind of small.

SPEAKER_05: I'm just glad that we have some of these examples now so we can point founders and capital allocators to hey listen crime does not pay you know I hate to reinforce this because I felt like I was being what's the word you know I was becoming the turn the music down guy at the party and I'm like

SPEAKER_52: listen we do have we do have neighbors accounting yeah I'm like we have neighbors we can have a party but it is 2am we

SPEAKER_63: could turn the music down 20% we'd still be able to dance to him people like no put the music up it's 2am we have to go effing crazy I'm like but we do have neighbors and I happen to know that the neighbor two doors down has a new baby you know let's maybe maybe seven and then I'm like the guy taking the

SPEAKER_05: sharpie and you know there's a guy who puts the sharpie and he just puts it on the volume thing to say like that's the volume we can go to

SPEAKER_65: I'm like that guy I'm not actually familiar with that but

SPEAKER_66: that's amazing I was at a party one time to do that and there was a line on the guy's receiver that like a parent had put there or he had put there

SPEAKER_05: he had put a line that he had negotiated with his neighbors that they would not call the cops if it was at this level

SPEAKER_68: it's an apartment building it's a new york party yeah ours were more like a big like branch in the middle of or like a house farmhouse in the middle of

Jason Calacanis: nowhere oh yeah go crazy yeah start a bar fire and then we had a rule when I was growing up which is if the cops come in cars not a problem but if a paddy wagon

SPEAKER_57: shows up you take off through the backfield and you jump the bar wire you get away

SPEAKER_72: yeah the the cars can only take two people each or maybe they have to put one in each so you're

David Friedberg: good you know odds are good anyway congrats I think congrats to society uh that yeah and balwani is going to get worse because he he did worse in his uh and let it be the return I mean

Jason Calacanis: right like you're you're being all of that is being borne out right now like being the crabby old guy yeah it turns out has been the right strategy all along because every every time one of these stories comes up it starts at the exact same place no governance no diligence and frankly no

SPEAKER_82: like basic accounting suddenly I know what it's like to be bill gurley when bill gurley was like well maybe we should go public and I don't know if the unit economics were better that might be good as well and people were like ah unit economics go public screw it let's go masa yoshi ipo we'll just do a masa ipo and you know I don't know you know my day we took the company public and we we rose and fall with our ability to perform for a wider group of you know shareholders and their interests and people are like whatever you know you fool you fools and uh the masa po you know great that we got to have early liquidity but you know uber should have gone public a little bit earlier probably and um

David Friedberg: people you know it's and this really does speak to the wider crypto space molly you know again I was

SPEAKER_05: to turn the music guy or I was the I don't get it guy when they put the song on I'm like this actually isn't good music right like no no this is the greatest like uh this is the greatest dance music ever I was like no I'm like nah this isn't the greatest music ever no I think if you put on some classic rock that could be the greatest music ever or if you put on some like you know kanye or jay-z or b smalls like that could be the greatest this is not the greatest music ever

SPEAKER_31: they're like no no you're wrong jacal this luda that you can't you just can't understand terror luna and I'm like I can't understand it right so I'm not is that my fault or

SPEAKER_96: because I'm I'm not the smartest guy but I'm not dumb and I can't understand this and you can't

SPEAKER_05: explain it to me yeah and I was constantly on the pod like wow this is incredible market cap how many people are using the product but when does the product launch and they'd be like how many developers work on this that was a question I started to ask them yeah that was a good one yeah and they're like eight I'm like eight developers divided into three billion dollars

SPEAKER_50: 400 million per developer I liked it when you would be like what does the product do

SPEAKER_100: but what did but what is the value that the product creates in the in the what does it do yeah yeah

SPEAKER_05: no answers no honestly being right about crypto is just you know it's bittersweet because I didn't make any big money on crypto yeah and so it's like oh I missed the grip and I don't know it doesn't

SPEAKER_52: feel like I get some big high five for being right about it being a giant scam so yeah maybe I should

SPEAKER_56: have just I got burned so early that it kind of helped me just never get back in well it's immutable

SPEAKER_105: though Molly just always remember it's in the blockchain is immutable yeah it's immutable it's

SPEAKER_52: out there somewhere I'm like I I'm sorry is that immutability is uh does that help me but I'm like okay you can't change it because that was how the databases used to work had to re do the database it was immutable like and then we made them so you could change them and it was easy to change them

SPEAKER_05: and they didn't go down like it's immutable as a feature okay anyway let's do this chaser

SPEAKER_108: listen lots of founders are loosey-goosey with their personal phone numbers and that causes tons of downstream problems you start putting your personal phone number in company documents you start using it for sales calls and that makes things messy you won't know who's calling is it a sales prospect or is it someone from your kid's school you don't want to get random calls open phone helps you create a business phone number for you and your team in minutes it's very simple you download the smartphone app download the desktop app whichever one's your jam or both if you're like me just install the app you get a number you're done no need to carry two phones anymore and by the way we use this at our company because we wanted to have customer support phone numbers we wanted our sales team to have numbers and open phone is really good at filtering out all the spam and the scams and you can do all kinds of interesting routing things if you got an existing phone number they'll port it over no problem it's their pleasure to do that open phone they say it's affordable i say it's too cheap based on the product i'm getting i would pay triple but hey listen it's their business they can charge what they want they decided to start at 10 bucks a month twist listeners on top of that since open phone love startups i'm going to get an extra 20 off any plan for the first six months but you have to sign up at my url openphone.com twist and if you've got existing numbers again just port them over and start saving money o-p-e-n-p-h-o-n-e dot com slash twist today openphone.com twist today great job it's a killer product this news came out yesterday in all caps

SPEAKER_56: and i frankly did not actually believe it at first but it appears to be true that in one of the most

Jason Calacanis: shocking stories in tech and business since at least last week shout out to nick on that one shout out to nick and bob chapek we hardly knew you pulling a liz trust he is out as ceo of disney and bob eiger is back in charge what and this is one of those where we don't want to brag but we have literally been covering the story from the jump yeah and we'll get to that in a minute because i'm also taking a little victory lap on this disney stock up seven percent on the news a great day for j traders still down 38 year to date but eiger is back effective in case you're wondering if this is voluntary on chapek's part bob eiger is back as ceo effective immediately and bob check up chapek has quote stepped down eiger has served uh agreed to serve as ceo for two years with two mandates from the board one set the strategic direction for renewed growth disney's revenue last quarter only grew about nine percent year over year and missed expectations and two work closely with the board in developing a successor and by this i think they mean a better one than the

SPEAKER_123: one you chose last time all right remember a couple of things about bob chape he's unlikable and in a

SPEAKER_05: business and i hate to like be like i think the kids call this based but in hollywood in my experience having spent 10 years living in los angeles and hanging out with hollywood people man they they get glantan glad handled i mean if you're a celebrity man they treat you really well and it's a relationship-based business gotta be super high eq you gotta make people feel good especially if you're doing the 10 pole stuff that defines disney across these properties and so the back channel was of course bob chapek you know running the parks you know maybe a little gruff whatever but then i knew that he was a little bit out of touch and we covered it here on the show we had a little bit of a back

SPEAKER_125: and forth and i kind of agreed with him but i was like you'd never say that as the ceo of disney you might remember he said like animation is not for adults yeah uh kind of thing and like an adult's not gonna you know watch two shows in a row or say you know like and i was like watch some of their kids

SPEAKER_05: and then yeah yeah i was like i'm gonna i'm gonna have to stop you here for a second that may be true i am not putting on an animation animated film to watch alone without my kids not me not my jam with the exception of maybe the disney stuff i did watch some of the i'm sorry the star wars they did a star wars like japanese anime crossover that i did find delightful i did watch alone

SPEAKER_82: yeah so maybe i'm a hypocrite but you don't say that publicly as the guy who owns pixar and disney

SPEAKER_134: right you're not a hypocrite it's like the guy from starbucks but you're like it's like this is like uh who's the guy nobody's gonna have coffee in the morning howard schultz

SPEAKER_66: yeah it's like howard schultz coming out i'd be like cold brew not my jam you know coffee gives

Jason Calacanis: me the chitters only kids eat that yeah it's a he did a lot of that all in a row and and actually this might be a good time to to go to this video from back in the day not right this second but like immediately when he came on right it was just misstep after misstep after misstep most of which seem to be related to both eq and maybe a little bit of like ego and you know that i have been on this guy since day one because i just didn't like him i don't know why i didn't like him you just had a bad sense because eq really matters maybe but well here's why i didn't like him here we had there's an 85 i'm doing the i'm doing the jcal i'm having a victory lap about my brightness here's an 85 second clip oh in march talking about so you remember there was that fallout just as a setup between eiger and chapek or chapek whatever we're just going to call him both on the pod to cover each possibility because nobody seems to even have consensus on how to say his name but there was that big fallout between eiger and chapek because like eiger had retired but wouldn't really leave and he had postponed his retirement a couple of times there was a big to do about scarlett johansson's pay for black widow that he handled very clunkily right he was just like she got paid the same and then a couple other things all at once and here's what i said in march talking about some warning signs when this starts i'm specifically talking about this quote to the new york times where eiger basically was like yeah i just i feel like i should be around to help him there were a couple ways for bob chapek to respond right one is thank god nothing like this has ever happened before i welcome all of the input from the guy who ran this company for 15 years who's beloved but evidently he just could not take this he was so i don't know i mean he got tweaked by it maybe insecure yeah he got so tweaked by it that their relationship has deteriorated ever since eiger bob one had postponed his retirement three times already so if you put this in succession terms bob iger is logan roy yes and kendall is there waiting for the job and he keeps on not leaving and then on top of that you have these sort of moves by chapek where people don't think he has good eq where there was that kind of like pretty ugly stuff about scarlett johansson and her contract about black widow and then also and i personally think this is just like a kiss of death move as a leader the ultimate king move of taking away that pnl from each individual division and centralizing it under one i mean that's like business weeds i know but having worked at several house of brands that's a mess and it makes people furious because you effectively say to a bunch of grown-ups who are running their own businesses within a business sorry no we took that all away it all adds up to a portrait of a guy who isn't that good at people and what i actually find super interesting like on top of all that the cherry on the cake is like bob eiger picked him that's his hand chosen successor yeah yeah you nailed it um

David Friedberg: the eq issue i like the uh p and l issue too i had forgotten about that that was a big one too for people who don't understand this issue um since we're moving pretty quick here it's pretty

SPEAKER_05: straightforward if you have a house of brands let's say condé nace and i may have explained it at the time you know the new yorker and vanity fair and vogue had people in charge of them uh like grayden carter or anna wintour and they were kind of given their five tips right like okay this is your world here's your floor of the building here's your budget you go do you consider yourself the ceo of vanity consider yourself the ceo of vogue now if you give people the ceo ish title and you know that is manifested in a budget where it's like you know keep the margin at whatever it is 35 spend as much as you want to that margin but we just need to see the margin be reasonable and we want the top line to grow 20 year over year and we're all good here here's your here's your outcome we're looking for and just manage to the outcome as opposed to manage the the you know the minutia now in some businesses you do want to streamline them and get alignment uh in other businesses you want to get some leader who wants to be a ceo the perfect example would be youtube they put susan wojek in charge of it she's the ceo she runs that as her little kingdom there and it's far from little it's

SPEAKER_153: 50 billion dollars or more revenue and then other things you kind of don't want it to have its own pnl because you want to absorb it so android or chrome you really want those things to be under google they serve the purpose of getting more people to search you don't want somebody in chrome running amok and saying oh i just sold the search bar to bing you know like yeah not the thing that should have its own you know king or god queen uh so anyway really interesting stuff coming in and just

Jason Calacanis: straight up blew the place up and and killed all his friends just like made sure he didn't have any

SPEAKER_05: friends left and that that's a problem that becomes a problem you need to have big political capital to do that like to imagine going to the bob i imagine going to the anna wintour or the grayden card or you know i'm dating myself with this magazine kind of stuff and saying oh yeah by the way like you lost your keys to the kingdom you're now the vice president instead of the ceo-ish or however you thought of

SPEAKER_103: yourself and those people have power and then they come for you with all the knives but he was fired i

SPEAKER_05: mean oh yeah he was canned they're saying he resigned but this seems like he resigned like like they held him over the uh side of the building and by his ankles and said like you can take the elevator or we can let you go right here which one and he said i'll take the elevator yeah uh so he

Jason Calacanis: gets 20 30 billion uh 20 30 million it is we will go to lon in a minute for the dish in hollywood but i i would be remiss if i did not point out the difference in um board power between you know disney and let's say meta like disney has one bad quarter under chapek like a bad one and they're like you're out iger's back the end and then zuckerberg lights all of meta's free cash flow on fire

SPEAKER_167: and the board's like we can't really can't do anything yeah three hundred dollars a share to a

SPEAKER_152: 90 um luckily we see the difference there was a back stop where everybody just said we don't have to own

SPEAKER_05: your shares and this is where governance matters like this is what we're seeing in the economy the party is over it's now 10 a.m some people are still you know drinking doing shots in like on lawn chairs at the front of the party other people are like asleep and this is going to be the hangover it's going to be a couple of years of people trying to figure out what how how the party got out that out of control and so yeah our rip bob chapik i wonder if he's going to be like at the oscars in the in more in memoriam section do they do like dead careers murder do they do dead careers in more

SPEAKER_02: of that guy in a hurry yeah i mean can this guy ever work again i mean it's bad

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SPEAKER_153: session which is a really nice thing for them to do for the startups who listen to this week in

SPEAKER_42: startups well this is perfect actually we because it's an emergency pod we got lon harris to come

Jason Calacanis: on oh it is an emergency let's talk to him about what in the heck this does mean for bob and his career and oh my god lon oh my god it's an emergency what's happening in hollywood oh my god are people

SPEAKER_176: like running in the streets yelling and screaming in hollywood are scripts flying in the air i mean

SPEAKER_178: i don't go outside obviously so i don't know what it's like out there but but my whole feed on twitter was it was amazing how instant the changeover was that that like one moment it was just normal sunday night and then yeah the next it was just like yeah i go back in check back out you know like it was

SPEAKER_182: it was a flood all of the side i thought it was a joke at first but uh no very real i did too i was

SPEAKER_60: like there's no way i'm like boards don't act that fast oh my god sunday night pre-holiday week news dump

SPEAKER_178: yeah wow they i mean they whacked them coming out of church that's called yeah no and it is almost every time this happens almost every time this happens where a studio dismisses the top person there's a coup or whatever they always have there's always like some kind of soft landing in the in the write-up it's always like they're gonna they're gonna go back to producing or they're gonna they got they got a new deal secured here chapik nothing it literally one line and deadline which was uh bob chapik uh left the role immediately or something like that was it and there's like nothing else he's done so uh yeah i don't i don't think he's gonna have much of a second act that seems like

SPEAKER_184: this was i literally cannot stop laughing at whacked him coming out of church by the way yeah he

SPEAKER_178: walked into the little that little den with joe pesci uh where he just goes oh no and then

SPEAKER_139: okay but so yeah is it that bad like is it like because clearly everybody hates nobody you have no social capital whatsoever if you can get can like

SPEAKER_178: that as the ceo of disney i mean i think it's part of it i do think and you guys were talking about this a little before i came on with the with the sort of the eq notion like ceo of disney more than most companies is not just a ceo job but also you're a public figure you're i mean i remember from being a kid what always stands out to me remember when michael eisner used to host the wonderful world of disney there was yeah come on yeah he would come on like disney at disneyland with mickey and donald and he'd be like hey i'm mike eisner here's a great movie that we've got for you the ghost of canterville coming right up and it was like that's the job in some ways you're you're the carnival barker you're the ring you're the statesman you're the ringleader you're the guy you're it's what steve jobs used to do for apple but you're not you're not the innovator the technologist it's not let me show you what i've invented it's you know here's dumbo here's pinocchio you know you're

SPEAKER_05: here's a new story for you here's a new attraction for your family and you're a bridge right you're you're a spoke you're statesman i think is the best way to say it like eiger is really good at

SPEAKER_178: that he really has that energy and he's got that that pedigree he's the guy that brought in pixar

SPEAKER_210: he's the guy that brought in lucasfilm he's the guy that made all these deals he's he's the one that put this disney together and chapik was running his playbook but i don't think he kind

SPEAKER_184: of has that that same energy he's not exciting i mean the deals alone my god

SPEAKER_178: for the parks fans he became immediately public enemy number one because and i don't think i will say i don't think that's entirely his fault i think bob eiger probably would have made some of those same decisions he just might have sold them a little better or couched them in better terms so it didn't feel so usurious to people but yeah i think that on top of the you mentioned the scar joe thing which was a big black guy right away and then you know i just think it's a it's a lot of this stuff coming together he just wasn't selling what they're doing as well as as a bob who got rid of the pass

SPEAKER_216: remember the season pass they deprecated the season pass now this to me this is what has made him so

SPEAKER_178: hated among like the disney adults and the park fans that it's that reservation system that that's he's tied to that and parks fans hate it it made the experience much worse that genie plus app too that people don't like so i don't know i mean how much of that is eiger would have done it differently and how much of it is eiger would have sold it you know about this you know about the season pass molly

SPEAKER_22: you know i do yeah yeah and he got well and he got rid of the fast pass reservation where it's no longer free to just like get there early and remember when he said that there was like a

Jason Calacanis: an attendance mix problem at disney like it was this weird kind of vaguely talking about poor people racial overturn overtones yeah i mean he was like disneyland's getting kind of trashy we got to like make it more premium yeah yeah so even if eiger had sold it better it was gonna be hard to sell a massive price increase like that right out of a pandemic right but when you basically are like disneyland's getting kind of trashy we need to raise prices

David Friedberg: like that's not that's not good here's what i would have done with the season pass thing because i know these freaks who have the season pass no offense lon harris um i don't have this no i can't we have we

SPEAKER_05: have friends in our circle who had the season passes yeah and these people are weird they are adults who dress up like characters and they go there because they have no jobs and they go to disney weekly they go have meals at disney they hit the same rides they've been on a thousand times they go to it's a small world for the 687th time they sure it's a little a little bit strange it gets a little

SPEAKER_231: weird it's it's not it's not my thing i mean when i was in high school i live i grew up very close to

SPEAKER_232: disneyland maybe 10 minutes away and we used to do that but right season passes were it was like you

SPEAKER_150: were a teenager i'm talking about adults right uh that that's that's true i i don'ts by the way are

SPEAKER_237: the bread and butter so there's my point disney yeah we can say whatever we want but he cannot bob

SPEAKER_239: too cannot you have to respect and covet the nerds the dorks the dweebs the fans the cosplayers it's

SPEAKER_178: it's it's it's a tricky these are beyond fans balance you have to make disney parks work and accessible and fun for families but you do also have to serve your the heavy users you know like what's what mcdonald's would call the heavy users the people who are there every day maybe we'll call

SPEAKER_216: the base and they should have given their parlance very simple they should have said how many years

SPEAKER_05: out of the past 10 have you had a season pass we're going to start with people who are 10 out of 10 and we're going to grandfather you in for the next 10. we'll go with people who are 9 out of 10 we'll grandfather you in for the next 9 out of 10 you can still have a season pass but then we're going to start a season pass wait list and we're just going to work off the wait list and we're going to just give it to people who have been the most loyal we're not going to rip this out from you because people who had the season pass ripped out for them it changed their behavior they used to go

SPEAKER_82: there for two hours or three hours and you can't justify 150 to go there for three hours i don't

SPEAKER_178: care who you are yeah i think i think that the the balance under under shape again again i don't know who was this his decisions was this just the way it was going who knows but it's tilted in favor of i think wealthier disney adult sort of audiences with more resources i mean that's what you heard when like the star wars hotel opened and it's like well this is inaccessible for a lot of what we think

SPEAKER_210: of is disney's core audience of families you know people are going to go for their one vacation a year

SPEAKER_05: to a disney park how much was that molly do you remember that disney thing it was the star wars

SPEAKER_178: or five grand a night or something it was five grand per person but you would pay for the whole trip which was i think two nights or three nights but yeah it was thousands per person i mean it was

Jason Calacanis: insane but then was it okay was it only parks that he because there was also we talked about him consolidating the pnls he like fired some some people on the media side if i recall correctly

SPEAKER_178: i mean to me looking at it from the content streaming side i i certainly don't think it was just parks i don't mean to give that idea and i also think in terms of content the the spend is outrageous i mean disney's there they lost money last year or last quarter in terms of just revenue on spending because they're spending so much on disney plus content but it's also i mean if you think about how they're using utilizing these brands you've got pixar they're sending most of their projects directly to disney plus they're making you know no revenue on on some like luca uh you know these big soul these big films that they made light year came out this year and sort of struggled what should have been a massive home run a toy story follow-up space adventure uh with chris evans uh we have no star wars movies on the docket whatsoever i mean we're all loving andor but the fact that under chapek lucasfilm didn't have a rogue squadron going didn't have a new trilogy of movies going like there's some missed opportunities on that side as well i think kind of undeniably also disney animation has a movie coming out like next week called strange worlds anyone heard of it

Jason Calacanis: do you guys know about this star trek no because adults don't actually watch animation so it doesn't

SPEAKER_210: really i mean three kids i should know about it they should be jumping up and down waiting to go to see

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SPEAKER_00: percent okay and then how much of it and then we'll turn to like what eiger does now how big a deal is

Jason Calacanis: it that people just did not seem to like this guy and did not like him like how he operated the business how he talked to the public like is that really does seem how how big a deal is that too is he ever

SPEAKER_262: going to work again i mean in hollywood that matters like i think more so than most other industries in hollywood that matters are you a person people want to be in the room with a person people feel like

SPEAKER_178: they can work with eiger obviously 15 years of experience way a presence that hollywood people are going to be way more comfortable having in the room and that you know in la that matters it's going to go a long way towards being able to make these deals towards being able to make stuff happen

SPEAKER_262: towards being able to just get people in the room get them talking so i do think that makes a difference

David Friedberg: what they should have done with the star wars thing uh with the the galaxy whatever where it's five

SPEAKER_05: grand they should not have come out of the gate at five thousand dollars they should have come out of the gate at more reasonable price they should have looked at the first year as an investment break even on it and they should have had a lottery and they should have just made it more accessible they should have said listen you have to take into account your hotel and all your meals are covered and they i would have explained it better right and i would have said listen we understand that in order to do something like this it takes an extraordinary amount of cost and we also understand that it's not in reach for everybody so we're going to have a lottery day every uh monday tuesday wednesday is the lottery you can go to that if the price is a little bit discounted but we want to make it accessible for true star wars fans you can join the lottery here's how or we're going to have a lineup there's going to be 10 tickets like what's that it's a jurassic park there it's that's the

SPEAKER_262: line where they're like uh you were the only rich people would be able to come before jurassic park

SPEAKER_272: and the lawyer goes well we'd have a we'll have a coupon day yeah something like that there's a way

SPEAKER_05: to handle it right yeah and then with the scarlett johansson thing that's another misstep where

SPEAKER_275: they should have just said scar joe you've been so loyal to the franchise what's the number

SPEAKER_178: we're sorry this happened that i said that at the time that that's a case where you that's literally one phone call where you get those people on the horn and you're like let's make this let's make this better let's make this go away and because disney wants to keep working with it's not like she's not

SPEAKER_210: going to be a voice in another cartoon in a year it's not like she's not going to do a star wars thing at some point or a pixar thing you you need to keep you need to keep those people when you have

SPEAKER_153: that moment molly that's your opportunity to say hey scar joe listen buy the books we don't believe we owe you anything but why go to the mat we have such a great relationships here's and it's not your fault

SPEAKER_05: of the pandemic happened right and do you have an ask and she'd be like well my ask is a hundred million dollars okay well nobody's ever gotten paid that except robert downey jr he took the thing he obviously is a bigger pole than you but you are so important to us how about we go 60 million and you just agree to do these four extra appearances slash in this movie we'll give you exactly give you 10 million for doing one day's work four more times it gives us an option to keep the character alive and maybe we can do because i think this is probably what you want you probably

SPEAKER_31: want to do a black widow too we'd like to invest in you and invest in the relationship i mean i could

SPEAKER_289: be the ceo he really could be because you see how i'm making you guys look at you guys respond i want

SPEAKER_290: to invest in relationship that is true that is excellent eq right there that is i want to invest

SPEAKER_31: in the relationship i think we don't we both want to see black widow become a franchise like don't we want to have a two and a three like we did for iron man so let's be reasonable here we have to hit our

SPEAKER_293: quarter it's not good for any of us that the stock goes down we can't take too much of a hit

SPEAKER_178: let's just do this quietly julio julio flores in the chapter brings up a good point which is that there was concern about setting a precedent about these streaming deals that's why you don't you don't pay her here's what we owe you from this back no no no no no no you just say like let's make a new deal keep her as friends it doesn't set a precedent on what happened with black widow it's just a new deal with scarlett johansson that it's a bribe but it's good business oh whoa whoa on the bribe you

SPEAKER_298: sound like my daughter when i pay to jump the line yeah it's a bribe uh it's an understanding

SPEAKER_302: you're coming to an understanding we it's a quid pro quo not not even not even i made a mistake i

SPEAKER_05: didn't make a reservation uh you work for tips as part of your compensation i am understanding that i am

SPEAKER_307: inconveniencing the restaurant and the the hostess oh i just dropped this 50 here i hope nobody picks it

SPEAKER_05: up and walks away with it no no no it's right it's so much easier than that i take the i take the 50 i put it in my hand nobody sees it i cut the line and go right to the front sure i said i'm i'm so

SPEAKER_31: sorry uh i'm jason i'm sorry i didn't catch your name molly molly i'm so sorry i thought i made a reservation i now realize i didn't if there's any way you could check in case i did it's jason calacanis if you could take a look and i'm really sorry for the inconvenience i got my daughter with me if there's anything you can do i mean she's just she loves this place and then i just and now she

SPEAKER_289: said now my hand is on the hostess desk and i slide the hand over and you see the 50. the hostess then

SPEAKER_31: puts her hand on top of my hand and says jason let me see what i can do yeah and she's just the hand then move it over now you see the 50. put the hand you swipe it that's what scarlett johansson would

SPEAKER_293: have done i would have said hey how about we talk about black widow too maybe we give you a 25 million

SPEAKER_31: dollar in your hands and would you come to the you know 75 year jubilee and which introduced me and then maybe we could do a fireside chat that would be really meaningful for me if you showed up for me

SPEAKER_04: and then we just give you the 25 million now as an advance against black widow too would that be okay

SPEAKER_63: and then oh slide 25 milli and the scarlet your hands and sweeps it and everybody's friends again

SPEAKER_06: and the thing is that that is a combination and this is what

Jason Calacanis: uh lon you call him chapek yeah i think so but i'm going with chapek but this is where this is where he literally does not understand two fundamentals and one is talent management and the other is business and that is how you get your ass fired where's eiger go what does he do now

SPEAKER_323: oh i mean i i like i feel like i feel like we were still kind of running his playbook i'm not i'm not

SPEAKER_178: sure i definitely think in terms of the lighting of fire under star wars and pixar and getting them back to where they need to be in terms of producing tentpole content that disney can sell and then sell merch on and then put in the parks i would definitely look for that like more high profile stuff more sequels you know like more more content they could sort of wrap their teeth around on that side uh in terms of the parks i think it'll be something to sort of show people like it's a new era we're gonna rethink we're gonna reset i don't know what that i i'm not plugged in enough on that side to know what that would be maybe just dropping or altering this much hated reservation system that would be a signal i feel like that's what you got to do it's just a showing

SPEAKER_232: people like a demonstration of goodwill i'm back we're gonna fix this i promise

SPEAKER_327: let me say a listening tour yeah a cultural reset right it's the first step is i'm back and it's not

SPEAKER_232: just a superficial i'm back we're gonna we're gonna dig in we're gonna make this better we're gonna start

SPEAKER_178: to fix things and i mean i think that's a lot of what this was already about the stock got a big boost this morning from investor confidence i think that's as much as as much as the action this is as

SPEAKER_329: much about perception and like making people feel better about disney because we brought the guy back

Jason Calacanis: who knows what he's doing there have been apparently bill simmons was alluding to egger coming back and taking a huge swing like a netflix disney merger wow all right i mean certainly about that

SPEAKER_262: yeah i mean netflix or nbc universal i think either would would make sense if comcast was looking to spin off nbcu because peacock is struggling so much i think that would make that would make a lot of sense to me do you get the do you get the nbc abc of it all you'd have to figure that out they can't one company can't own both abc and nbc but but the in terms of like that would make sense i mean you

SPEAKER_178: hear you know you hear the usual suspects netflix or apple or within these mega deals i just think the power of disney as a brand is so epic you need to like find somewhere where that really adds value

SPEAKER_262: i don't know if apple or netflix they're already such high profile brands on their own and netflix

SPEAKER_189: is the only profitable streamer right now i think right netflix founder reed hastings tweeted last night ugh i had been hoping eiger would run for president he is amazing does that mean he was hoping

SPEAKER_174: he wasn't gonna come back oh my god that's a real tweet is that at reed hastings four five six seven

SPEAKER_347: eight nine seven that's there's no way to tell anymore so that's the real reading oh my god that

SPEAKER_348: is such a self-aware i love the fact that people are like that's a pretty funny that's reed hastings

SPEAKER_72: after dark i love after dark that's like you know you got reed hastings after arc bezos after dark jack uh from formerly of twitter and block i like the after dark ceos when they just are like uh you're just super candid please don't please don't come back bob there's no way netflix would ever

SPEAKER_357: get um yeah there's your that's how you do it you just click on the little icon yeah all you have to

SPEAKER_153: do is click the confirmed um do not there's no way lena khan is allowing two of the top three streamers

SPEAKER_05: to merge yeah but there could be something else out here i do like i do like bill simmons's hot take there because he also is plugged into hollywood he got good back channels he bill simmons a lot of times will do a prediction spoiler alert he does a prediction and he's got the back channel so you know i say back channel but i'm gonna start going full bill simmons i'm just gonna go i'm gonna start calling them predictions i got like a prediction i'm not gonna call it a back channel but there might be something in play i don't know what other things are in play they're supposed to buy the other half

SPEAKER_359: of hulu at some point too right well they're right that's yeah hulu is still sort of theoretically

SPEAKER_262: back and forth and and either probably disney seems like the most likely sort of they're gonna just swallow it up and then you get that disney hulu espn plus kind of package i got i gotta i think

SPEAKER_05: this might be about also maybe you know in terms of deal making they need to get a 10-year deal done with nba nfl and they want to be in the mix for that right and they just thought you know bob chapik is not going to sit across the table from roger goodell or adam silver from the nba or whoever it is

SPEAKER_31: and you know convince them that one plus one equals three and that this is a win-win-win and that instead of doing a four-year deal they should do a 14-year deal and instead of doing 14 billion they should do 7 billion but then split some upside and get his kids fast passes to you know and have a nfl disney

SPEAKER_230: day they know bob chapik's not going to get those deals done but they know bob eiger's going to get

SPEAKER_178: those deals right yeah the other thing is we were just talking about this with netflix in terms of the sports where a lot of the sports leagues don't feel like they're quite ready for prime time or whatever uh you know like ufc was just talking about they're probably going to resign with disney rather than go to netflix because they'd be guinea pigs over at netflix so that's another thing where disney plus netflix together would be a huge appeal you get this massive subscriber base but you get a name that's trusted to do events and live streaming and all these things that people

SPEAKER_262: wouldn't necessarily bring to netflix so a joint entity there would have that as a key advantage

SPEAKER_353: and didn't disney plus just last night do elton john live dodger stadium yeah disney plus at this

SPEAKER_178: point they do live streaming every week dancing with the stars is exclusively live on disney plus now is it i didn't know that so yeah okay it's done on abc if you want to watch dancing with the stars it's exclusively on disney plus but they do those results shows live just like they used to do on tv

SPEAKER_211: are they going to buy amc maybe it's theaters and they're just going to do live events like crazy

SPEAKER_201: there's the amc of it and then there's the stars lions gate because at this point stars and lions

SPEAKER_370: gate are going to split probably the film studio and then the stars network and those could go to

SPEAKER_230: companies as well hmm interesting times john i think it's the live i think it's the live molly i think it's live that they if they're experimenting with live on disney plus and they have espn and they have

SPEAKER_04: hulu and hulu does live maybe bob eiger's next thing is to try to do like run the table on three live deals just like he did with the pixar marvel star wars acquisitions and maybe he gets nba nfl and some world cup stuff and all of a sudden boom the deal master comes in and just one more time he repeats it again you know like jordan comes back and does another three championships but this time

SPEAKER_104: instead of it being ip it's live ip it's sports and if he were to run the table on those oof

Jason Calacanis: that could be a creative to the bottom line let's go let's go bob thanks thanks for hopping on for this emergency pod to finally talk about something just kind of fun now always happy to be here yeah tomorrow everyone when we are going to actually return to the conversation about the crypto contagion sunny madras now vinnie's off on a cruise or whatever but sunny's gonna join us to break down

SPEAKER_389: sunny madras come break down in crypto see what i did in there it's funny all right we'll see you

SPEAKER_390: you tomorrow bye bye bye